Australia invests $8B in nuclear sub facilities to counter China.
Australia is investing an initial Aus$12 billion to upgrade its shipyard facilities for nuclear-powered submarines as a strategic response to China’s military expansion. This investment, part of the AUKUS pact with the U.S. and the U.K., aims to enhance Australia’s long-range strike capabilities, with total costs potentially reaching Aus$235 billion over 30 years. Additionally, Australia plans to acquire at least three U.S. Virginia-class submarines and construct Mogami-class frigates. While concerns surface regarding the U.S. capacity to support Australia’s submarine needs, Australian officials express confidence in the AUKUS program and its role in bolstering regional security.